#MarketRebound #SolanaSurge 📈 #SolanaSurge: Strong increase in the price of Solana (SOL) during April 2025! 

The Solana (SOL) cryptocurrency has witnessed a significant increase in its value over the past week, recording a 20% rise, surpassing the $130 mark after being at $96 previously. 

Reasons for this increase:

• Launch of the first Exchange-Traded Fund (ETF) for Solana in Canada: The first spot ETF for Solana was launched on the Toronto Stock Exchange, attracting new investments of $270 million in staking operations, thus reducing the circulating supply and increasing confidence among investors. 

• Increased interest from institutional investors: 71% of traders on the Binance platform expressed their expectations of a bullish breakout in the price of Solana, reflecting a rise in confidence and institutional interest in the currency. 

• Increased activity from major investors (whales): Data shows that major investors have been buying large amounts of SOL during the consolidation period between $125 and $130, indicating their confidence in the price recovery. 

Price forecasts:

Analysts expect the price of Solana to reach $138.21 by April 21, 2025, with the possibility of reaching $145 if the upward momentum continues. 

The bullish candlestick pattern in the weekly charts suggests that Solana may target retesting its previous high of $294. 

📊 Do you think that #Solana will continue this momentum?